“INFO-TECH”

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INFO-TECH Posted: 22 Oct 2010 12:14 PM PDT INFO-TECH FINANCIAL PERFORMANCE: Wipro Q2 net profit falls marginally Dip in margin due to impact of currency movements, investment in sales, marketing. Impacted by lower forex realisation and lower growth in hi-tech and telecom services sectors, Wipro Ltd posted a 2.5 per cent dip in sequential net profit for the ... TELECOMMUNICATIONS: I-T dept sends Rs 11,218-cr tax bill to Vodafone Company contests claim, says calculation fails to follow High Court judgment. The Income-Tax Department on Friday slapped Rs 11,217.95-crore tax demand notice on Vodafone International Holdings BV (VIH) for its $11.08 billion buyout of ... OUTLOOK: Wipro says clients still averse to multi-year deals Large contracts being broken up and awarded as small ones: Paranjpe. Even if the flow of deals in the IT sector is good now, it has not reached the pre-crisis levels seen in 2007, according to Mr Girish Paranjpe, Joint CEO - IT Business, ... MERGERS & ACQUISITIONS: Eyes Latin America, China, Africa for acquisitions Pricing environment pretty stable now, says Senapaty. Wipro, which is sitting on a cash pile of $1 billion, is eyeing the markets of Latin America, China and Africa for acquisitions. According to Mr Suresh Senapaty, Chief Financial Officer, ... EVENTS: Promote Vizag as IT hub, says Infosys CEO 'Cloud computing will provide more opportunities to small units'. The entrepreneurs, the State Government, academic institutions, and other agencies should strive to promote Visakhapatnam as a unique destination for the IT sector, ... FINANCIAL PERFORMANCE: NIIT Ltd posts 9% rise in Q2 net, but revenues fall 4% IT training company NIIT Ltd on Friday posted a nine per cent year-on-year rise in consolidated net profit for second quarter ended September 2010, and said that hiring sentiments are "positive" and growth ... INTERNET: Beta version of WikiBhasha Microsoft Research has launched the beta version of WikiBhasha, a multilingual content creation tool for Wikipedia. The WikiBhasha tool enables contributors to Wikipedia to find content from other Wikipedia articles, translate the content ... SOFTWARE: IBS Soft to launch global forum for airline industry In what is claimed to be an industry first, IBS Software Services, a leading player in the travel, transport, logistics (TTL) space and based in Technopark here, is launching a serial global roundtable for major ... HUMAN RESOURCES: New internal policies help bring down attrition level during Q2 Though attrition levels have been on the rise since March 2010, when employees sensed the first waves of economic recovery, Wipro saw a slight change in employee exit trends during the quarter ended September ... SOFTWARE: NIIT Tech to finalise strategy for healthcare vertical by Dec NIIT Technologies Ltd has appointed Mr Dhamu Narayanan as head of its healthcare practice, and hopes to finalise by December a strategy for the new vertical, with initial focus on the US market. The company expects revenue from this new ... TELECOMMUNICATIONS: Apex court stays telecom tribunal order on 2G spectrum fee hike Imposes riders on telcos till case disposal. The Supreme Court on Friday stayed an order of the Telecom Disputes Settlement and Appellate Tribunal, which had earlier upheld the Department of Telecommunication's decision to increase the usage ... HUMAN RESOURCES: TCS to increase campus offers in 2011-12 After upping the gross hiring target for this fiscal, Tata Consultancy Services is now getting aggressive on the campus ... TELECOMMUNICATIONS: Mobiles with five-language user menu Bangalore-based United Telecoms has launched radiation certified WIWO mobiles with user menu in five Indian languages — Tamil, Telugu, Kannada, Malayalam ... TELECOMMUNICATIONS: Mobile number portability may be further delayed Mobile number portability, which allows subscribers to retain their phone numbers even as they change their operator, is likely to miss the October ... NEW PRODUCTS & SERVICES: Pega launches query solution Pegasystems Inc, a provider of business process management and customer relationship management solutions, has launched a solution called Service Request Manager that helps financial service institutions capture and resolve customer ... MERGERS & ACQUISITIONS: Shapoorjee picks 11% stake in Nexxoft arm Shapoorjee Chandabhoy Finvest Private Ltd has taken a 11 per cent stake in Gamexx Infotainment Ltd, a subsidiary of Nexxoft Infotel Ltd. Gamexx Infotainment develops online social and casual games and games for gaming consoles and ... TELECOMMUNICATIONS: Dual SIM mobiles from Bright Tele Bright Telecom has launched dual SIM mobile handset G Phone 468 in the Kerala market. Besides being loaded with superior features, the G-468 also comes packed with musical entertainment traits. The new model not only comes with ... SOFTWARE: 'Pop' goes OSS It takes but the first corn to go pop before the rest in the popping machine join in. Open Source Software seems to be exerting that kind of pull..  First the corns stare back at you with defiant resistance as they swirl round the vessel. ... INTERVIEW: Optimising analytics for business workloads Take decisions based on right information. Though most organisations currently leverage technologies such as enterprise resource planning (ERP) and customer relationship management (CRM) to propel themselves to greater efficiencies and sales ... HARDWARE: Read on I have a Sony Reader. Though it calls itself a reader, it doesn't read any books for me. It is just something that displays e-books for me. As I can read only e-books, it should be called an e-book reader (or is it a book e-reader), but Sony ... E-COMMERCE & E-BUSINESS: Snap up deals Online portal says it offers a good bargain.. With the spirit of festivity in the air, looks like now's the best time to ... SOFTWARE: Banking on IT IBM says its tool helps co-op banks to operate more efficiently.. Cooperative banks, which perform all the main banking functions such as deposit mobilisation, supply of credit and provision of remittance facilities, are faced with growing ... SOFTWARE: Sentiment mining IBM says its tools help businesses understand customer feedback better.. What will a mobile manufacturer or a car company do if it is flooded with thousands of e-mails and chats, complaining about poor quality of products or feedback that will ... BOOKS: Surviving an organisational implosion Look up 12 leadership guidelines — and more.. "We are shocked beyond words… This new development has left us in a state of fear. We don't know what the company's fate will be. We might all just lose our jobs and in the current ... EVENTS: Quiz  1. Dustin Moskovitz and Sean Parker, co-founders of Facebook, have contributed $1,70,000 to a campaign to legalise which 'drug' ... NEW PRODUCTS & SERVICES: Sync and share Tired of sharing and syncing data, files, folders and outlook from 'home' desktop to 'office' notebook to 'personal' netbook through pen drives and other devices? Try out the Amkette Flash Link!, says Amkette, which has ... NEW PRODUCTS & SERVICES: Security suite Unistal Systems Pvt Ltd, the data recovery/security company, has unveiled 2011 version of Protegent product suites -- Protegent360- Complete Laptop Security, Protegent PC- Complete PC Security and Protegent Enterprise Security. Protegent PC ... CARTOON: Cartoon "You may think it's bad English, dad — but key it into your mobile phone, you'd think it's a ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at fivefilters.org/content-only/faq.php Five Filters featured article: Beyond Hiroshima - The Non-Reporting of Falluja's Cancer Catastrophe.

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